What is Leak Detection in Finance?
Leak detection is a critical aspect of financial monitoring that helps identify potential leaks or irregularities in financial transactions, assets, or investments.
- Lack of transparency can lead to discrepancies and unauthorized transactions
- Cybercriminals often exploit vulnerabilities in financial systems for their gain
- Leak detection helps prevent data breaches and protect sensitive information
Common Methods Used for Leak Detection
Some common methods used for leak detection include:
- Transaction monitoring systems
- Network traffic analysis
- Machine learning-based anomaly detection
- Rule-based alerts and notifications